BORGWARNER INC BWA
COM · Common Stock · CUSIP 099724106 · ISIN US0997241064
- SectorConsumer discretionary
- IndustryMotor Vehicle Parts & Accessories
- HeadquartersAuburn Hills, MI
- Founded1880
- Websiteborgwarner.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($19.8m this quarter). Holder counts are more reliable. Shares outstanding: 234.1m as of 2023-02-03, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $39.93. Options: 12 managers hold calls ($38.9m notional), 13 hold puts ($25.6m).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 602 |
| Q4 2022 | 650 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $35.3m | $21.1m | 0.60 |
| Q4 2022 | $38.9m | $25.6m | 0.66 |
Biggest buyers
| NORGES BANK | Added | +1.3m |
| BNP PARIBAS FINANCIAL MARKETS | Added | +744.6k |
| BlackRock Inc. | Added | +706.9k |
| PRUDENTIAL FINANCIAL INC | Added | +688.7k |
| TWO SIGMA INVESTMENTS, LP | New | +567.5k |
| Invesco Ltd. | Added | +563.0k |
| Assenagon Asset Management S.A. | New | +554.6k |
| Grantham, Mayo, Van Otterloo & Co. LLC | Added | +449.5k |
| Amundi | Added | +442.8k |
| PINEBRIDGE INVESTMENTS, L.P. | Added | +384.4k |
Biggest sellers
| Black Creek Investment Management Inc. | Reduced | -1.8m |
| Kiltearn Partners LLP | Sold out | -1.6m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Sold out | -1.1m |
| FMR LLC | Reduced | -998.1k |
| AMERICAN CENTURY COMPANIES INC | Reduced | -600.0k |
| Cubist Systematic Strategies, LLC | Reduced | -347.7k |
| Artisan Partners Limited Partnership | Reduced | -324.6k |
| Minneapolis Portfolio Management Group, LLC | Reduced | -303.6k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -265.7k |
| Ninety One UK Ltd | Reduced | -256.6k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $11.5m285.1k shares |
| BARCLAYS PLC | First filing | $10.3m256.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $7.8m194.7k shares |
| JANE STREET GROUP, LLC | Reduced | $4.7m115.8k shares |
| PEAK6 Investments LLC | Added | $1.2m29.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.1m28.1k shares |
| Walleye Trading LLC | Reduced | $857.3k21.3k shares |
| IMC-Chicago, LLC | Added | $784.9k19.5k shares |
| GROUP ONE TRADING LLC | Reduced | $362.2k9.0k shares |
| TUDOR INVESTMENT CORP ET AL | Added | $330.0k8.2k shares |
Biggest puts
| BARCLAYS PLC | First filing | $10.5m259.7k shares |
| Paloma Partners Management Co | Added | $5.5m136.0k shares |
| CITADEL ADVISORS LLC | Reduced | $2.5m61.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.2m55.2k shares |
| PEAK6 Investments LLC | Reduced | $1.1m28.3k shares |
| Walleye Trading LLC | Reduced | $1.1m26.7k shares |
| Squarepoint Ops LLC | New | $684.2k17.0k shares |
| JANE STREET GROUP, LLC | Reduced | $656.1k16.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $511.0k12.7k shares |
| CAPITAL FUND MANAGEMENT S.A. | New | $458.9k11.4k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution -3.0 pts · filed 2026-01-21 | 8.6% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.6% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.3% |
| DIMENSIONAL FUND ADVISORS LP 13G · institution new · filed 2025-01-23 | 5.2% |
Fell to 5% or below in the last year: BlackRock Portfolio Management LLC (4.2%, 2026-04-30; now reported by BlackRock, Inc.), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q4 2022
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2021 | 0 | — | 0 | — | — |
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 1 | $428.7k | — |
| Q1 2022 | 0 | — | 1 | $250.5k | — |
| Q2 2022 | 0 | — | 1 | $861.5k | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 1 | $255.1k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2022-12-09 | CALAWAY TONIT M EVP, CAO, Gen Counsel & Sec · By 401k | Sold | $255.1k6.3k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.03% of their portfolio | 26.4m $1.1bn | Reduced -25.3k |
| BlackRock Inc. 0.02% of their portfolio | 18.9m $761.3m | Added +706.9k |
| HARRIS ASSOCIATES L P 0.95% of their portfolio | 11.6m $466.8m | Reduced -43.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.47% of their portfolio | 10.1m $404.7m | Reduced -93.5k |
| STATE STREET CORP 0.02% of their portfolio | 9.8m $395.1m | Reduced -1 |
| DIMENSIONAL FUND ADVISORS LP 0.10% of their portfolio | 7.0m $282.7m | Added +174.9k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 1.23% of their portfolio | 6.7m $270.5m | Reduced -232.4k |
| AMERICAN CENTURY COMPANIES INC 0.21% of their portfolio | 6.2m $250.9m | Reduced -600.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 4.9m $198.1m | Added +54.8k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 4.9m $197.5m | Added +240.7k |
| MACQUARIE GROUP LTD 0.23% of their portfolio | 4.8m $194.7m | Added +131.6k |
| MORGAN STANLEY 0.02% of their portfolio | 4.1m $164.3m | Added +257.6k |
| Invesco Ltd. 0.05% of their portfolio | 4.0m $159.8m | Added +563.0k |
| FMR LLC 0.02% of their portfolio | 3.8m $154.1m | Reduced -998.1k |
| LSV ASSET MANAGEMENT 0.33% of their portfolio | 3.7m $149.3m | Reduced -130.3k |
| Amundi 0.08% of their portfolio | 3.4m $143.5m | Added +442.8k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.70% of their portfolio | 3.2m $130.7m | Added +449.5k |
| TURTLE CREEK ASSET MANAGEMENT INC. 3.83% of their portfolio | 2.7m $108.7m | Reduced -191.7k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 2.7m $107.1m | Reduced -55.6k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.72% of their portfolio | 2.3m $93.7m | Added +5.2k |
| NORGES BANK 0.02% of their portfolio | 2.3m $92.4m | Added +1.3m |
| EARNEST PARTNERS LLC 0.55% of their portfolio | 2.2m $90.2m | Reduced -1.5k |
| GREAT LAKES ADVISORS, LLC 0.60% of their portfolio | 2.2m $10.5m | Reduced -72.3k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 2.1m $83.9m | Reduced -136.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 2.1m $82.8m | Added +50.8k |
| PRUDENTIAL FINANCIAL INC 0.14% of their portfolio | 2.0m $80.7m | Added +688.7k |
| Legal & General Group Plc 0.03% of their portfolio | 1.8m $71.0m | Reduced -117.1k |
| ARIEL INVESTMENTS, LLC 0.69% of their portfolio | 1.7m $67.8m | Reduced -144.9k |
| Newport Trust Company, LLC 0.18% of their portfolio | 1.6m $65.3m | Reduced -94.5k |
| SEI INVESTMENTS CO 0.13% of their portfolio | 1.4m $57.5m | Reduced -25.9k |
| Artisan Partners Limited Partnership 0.10% of their portfolio | 1.4m $55.6m | Reduced -324.6k |
| Evercore Wealth Management, LLC 1.09% of their portfolio | 1.3m $52.0m | Added +31.6k |
| Ninety One UK Ltd 0.15% of their portfolio | 1.1m $46.1m | Reduced -256.6k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 1.1m $46.1m | Reduced -113.2k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 1.1m $43.4m | Reduced -5.1k |
| Swiss National Bank 0.03% of their portfolio | 962.5k $38.7m | Reduced -74.0k |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 954.6k $38.4m | Reduced -265.7k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 905.8k $36.5m | Added +125.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.09% of their portfolio | 900.0k $36.2m | Added +744.6k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 869.0k $35.0m | Added +7.2k |
| STOREBRAND ASSET MANAGEMENT AS 0.19% of their portfolio | 832.7k $33.5m | Reduced -6.6k |
| Ceredex Value Advisors LLC 0.50% of their portfolio | 809.1k $32.6m | Reduced -27.4k |
| DEPRINCE RACE & ZOLLO INC 0.73% of their portfolio | 787.1k $31.7m | Reduced -186.9k |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 753.5k $30.3m | Reduced -8.5k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 739.5k $29.8m | Added +24.7k |
| APG Asset Management N.V. 0.06% of their portfolio | 728.1k $29.3m | Added +32.7k |
| AXA S.A. 0.10% of their portfolio | 663.1k $26.7m | Reduced -108.1k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 662.7k $27.6m | Reduced -26.8k |
| BARCLAYS PLC 0.02% of their portfolio | 641.8k $25.8m | First filing |
| CREDIT SUISSE AG/ 0.03% of their portfolio | 605.3k $24.4m | Added +41.4k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 602.3k $24.2m | Added +6.4k |
| Retirement Systems of Alabama 0.10% of their portfolio | 584.2k $23.5m | Reduced -3.7k |
| Qube Research & Technologies Ltd 0.14% of their portfolio | 583.1k $23.5m | Added +92.4k |
| Point72 Asset Management, L.P. 0.09% of their portfolio | 571.7k $23.0m | Added +380.2k |
| TWO SIGMA INVESTMENTS, LP 0.07% of their portfolio | 567.5k $22.8m | New |
| HSBC HOLDINGS PLC 0.03% of their portfolio | 565.1k $22.7m | Added +297.0k |
| Assenagon Asset Management S.A. 0.09% of their portfolio | 554.6k $22.3m | New |
| Robeco Institutional Asset Management B.V. 0.06% of their portfolio | 553.7k $22.3m | Added +63.1k |
| AQR CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 550.7k $22.2m | Added +200.8k |
| DAVIS R M INC 0.59% of their portfolio | 547.2k $22.0m | Reduced -10.5k |
| PINEBRIDGE INVESTMENTS, L.P. 0.27% of their portfolio | 545.3k $21.9m | Added +384.4k |
| California Public Employees Retirement System 0.02% of their portfolio | 544.3k $21.9m | Reduced -9.1k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.03% of their portfolio | 502.9k $20.2m | Added +235.4k |
| UBS Group AG 0.01% of their portfolio | 494.2k $19.9m | Added +199.8k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 492.5k $19.8m | Added +17.0k |
| STRS OHIO 0.09% of their portfolio | 487.9k $19.6m | Added +12.3k |
| GLENMEDE TRUST CO NA 0.12% of their portfolio | 487.8k $19.6m | Reduced -108.4k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.21% of their portfolio | 483.5k $19.5m | Added +173.6k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 481.0k $19.4m | Added +96.1k |
| SPRUCEGROVE INVESTMENT MANAGEMENT LTD 1.06% of their portfolio | 475.9k $19.2m | Reduced -143.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 475.3k $19.1m | Added +33.6k |
| Foundry Partners, LLC 1.04% of their portfolio | 466.7k $18.8m | Reduced -47.7k |
| CANADA LIFE ASSURANCE Co 0.05% of their portfolio | 464.0k $18.8m | Added +55.6k |
| Swedbank AB 0.04% of their portfolio | 454.1k $18.3m | Reduced -106.6k |
| Minneapolis Portfolio Management Group, LLC 2.31% of their portfolio | 403.2k $16.2m | Reduced -303.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 387.2k $15.6m | Added +148 |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 378.8k $15.3m | Reduced -20.5k |
| GAMCO INVESTORS, INC. ET AL 0.16% of their portfolio | 370.5k $14.9m | Reduced -5.8k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.23% of their portfolio | 360.8k $14.5m | Reduced -31.7k |
| NATIXIS ADVISORS, LLC 0.05% of their portfolio | 356.4k $14.3m | Added +14.2k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 348.1k $14.0m | Added +42.2k |
| Leeward Investments, LLC - MA 0.61% of their portfolio | 343.4k $13.8m | Reduced -4.2k |
| BANK OF NOVA SCOTIA 0.04% of their portfolio | 339.5k $13.7m | Added +319.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 337.2k $13.6m | Reduced -1.7k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 335.0k $13.5m | Added +3.9k |
| Biechele Royce Advisors 5.48% of their portfolio | 334.0k $13.4m | Added +8.2k |
| Cerity Partners LLC 0.09% of their portfolio | 330.6k $13.3m | Added +17.8k |
| GABELLI FUNDS LLC 0.10% of their portfolio | 319.6k $12.9m | Reduced -1.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 297.5k $12.0m | Reduced -25.9k |
| Man Group plc 0.04% of their portfolio | 287.3k $11.6m | Added +98.3k |
| KBC Group NV 0.05% of their portfolio | 278.7k $11.2m | Added +13.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 276.1k $11.1m | Reduced -13.0k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.03% of their portfolio | 266.1k $10.7m | Reduced -4.4k |
| Unigestion Holding SA 0.57% of their portfolio | 264.8k $10.7m | Reduced -22.1k |
| Erste Asset Management GmbH 0.22% of their portfolio | 261.8k $10.6m | Added +49.6k |
| CORDA Investment Management, LLC. 0.85% of their portfolio | 260.1k $10.5m | Added +2.6k |
| CITIGROUP INC 0.01% of their portfolio | 258.3k $10.4m | Added +19.2k |
| Rheos Capital Works Inc. 0.62% of their portfolio | 258.1k $10.4m | Unchanged |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.04% of their portfolio | 256.9k $10.3m | Added +172.0k |
| SHUFRO ROSE & CO LLC 0.87% of their portfolio | 255.8k $10.3m | Reduced -296 |